Listed By:
BHHS Fox & Roach-Center City Walnut
Address
1038 Lincoln Avenue, Prospect Park, PA
Price
$ 350,000
Property Attributes
  • MLS#PADE2059018
  • TypeCommercial
  • CountyDELAWARE
  • CityProspect Park
  • AreaProspect Park Boro
  • Zip19076
  • StyleApartment Building,Hair Salon and Spa,Institutiona
  • Year Built1982
  • Taxes$ 3936
  • Price$ 350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage888
Data Source:
Bright MLS
Property Description

Available for purchase is a lucrative investment opportunity encompassing a fully occupied building with a retail storefront on the ground floor leased to a successful nail salon and a residential apartment on the second floor. This dual-income property boasts a stable rental income for the storefront, and $800month for the apartment. On-street parking is available. The annual expenses include $1,383 for insurance and $4,255 in taxes for the year 2022. This property offers not only immediate returns but also the potential for sustained growth and stability. Please contact Listing agent for a a private showing today!

Price History
12/26/2023 Listed $350,000

General Features

Sewer Public Sewer
Heating Radiator
Cooling Window Unit(s)
Possession Settlement
Zoning COMMERCIAL
Construction Materials Block,Brick,Masonry
Year Built 1982
Property SubType Mixed Use
Tax Year 2020
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building,Hair Salon and Spa,Institutional
Accessibility None
County DELAWARE
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Please see Map for direction
ModificationTimestamp 2023-12-27T15:32:51
City PROSPECT PARK
Buyer Agent Compensation 2.5
Total Units 2
MLS Area Prospect Park Boro (10433)
Lot Size Square Feet 0.00
Tax Assessed Value 125050.0
Waterfront Y/N No
Street Name LINCOLN
Tax Annual Amount 3936.0
Trash Expense 0.00
Price Per Sq Ft 184.21
Vacation Rental Y/N No
Days on Market 127
Standard Status Active
Year Built Source Estimated
Tax Lot 380-000
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric
Hot Water Electric
Total Stories 2
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N No
Entry Level 1

Exterior Features

Parking Features Public
Lot Features Zero Lot Line
Water Source Public
Type of Parking On Street,Parking Lot,Driveway
Land Use Code C-30
Water View Y/N No
Building Area Total 1900.00
Lot Size Acres 0.00
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 67180.00
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19076

Price
AVG $360K
$350K
Taxes
AVG $3,675
$3,936
Visits
AVG 144
178
Data Provided by Inside Real Estate®
Year Built
AVG 1956
1982

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